Shree Cement Limited announced its financial results for the quarter and nine months ended December 31, 2025. The standalone net revenue from operations increased by 4% year-on-year to ₹4,416 crore, while the Profit After Tax (PAT) saw a significant jump of 21% to ₹279 crore compared to the same period last year. Total cement sales volume grew by 2%, though operations were impacted by disruptions at Baloda Bazar, Chhattisgarh. Operating Profit (EBITDA) stood at ₹917 crore, a decrease of 3% year-on-year, partly due to operating leverage and a one-time impact of ₹55.99 crore related to additional employee benefit obligations from new labor codes. The company's premium product portfolio continued to gain traction, with sales rising to 22% of total trade volume, up from 15% in the corresponding previous quarter. The Ready-Mix Concrete (RMC) business also showed strong growth, with sales volume increasing by 143% year-on-year, supported by 25 operational plants. Mr. Neeraj Akhoury, Managing Director, highlighted the steady performance driven by operational excellence, disciplined cost management, and the strengthening premium product portfolio. He expressed cautious optimism about future demand, citing the government's focus on infrastructure development and improving construction activities. In terms of capacity expansion, Shree Cement commissioned a 3.00 MTPA cement line at its Jaitaran, Rajasthan integrated project, increasing its total installed capacity to 65.8 MTPA. The integrated project at Kodla, Karnataka, with a 3.0 MTPA cement capacity, is nearing completion. Sustainability initiatives remain a key focus, with green electricity accounting for 60% of total consumption. The company's green power generation capacity reached 634.5 MW. All manufacturing locations are Zero Liquid Discharge, and the company achieved a Dow Jones Sustainability Index (DJSI) score of 74 for 2025. Shree Cement also received the 4th National Environment & Sustainability Award from QCFI, Hyderabad Chapter. CareEdge Global IFSC Limited assigned a long-term Foreign Currency Issuer rating of 'CareEdge BBB+ with a stable outlook' to the company, reflecting its strong operational performance and financial strength. The company maintained its highest ratings of 'AAA/Stable' for long-term credit facilities and 'A1+' for short-term facilities.
